For more context, I am located in a HCOL city on the west coast of the United States.
I started looking for a new role in spring of this year, when I still had a job. Things - namely the executives - were starting to smell funny, and I wanted to be prepared. A few months after I started casually looking, my fears came to fruition and I was “laid off.” Quotation marks because the "restructuring" happened one week after I had a conversation with the CEO about some tough things. In that conversation, they said “well, I just need people on my team who think like me.” Ok, can’t fix that.
So the search began in earnest. Full disclosure, I aimed low. Because I had only been in an HRD role for one year, I honestly didn’t think I could land something lateral in this market. I’ve often thought about specializing in ER, so I applied to quite a few of those roles. I also gravitated towards Manager roles that I believed would or could grow into Director quickly (i.e., small or growing organizations). Stats below:
Total time from layoff to offer: 10 weeks
65 Applications
14 initial interviews
3 first-round rejections
1 final round rejection
1 final round “we offered the job internally” rejection
2 offers
The rest of the interviews, I either withdrew or the process hadn’t concluded when I accepted my current role.
The role I took:
My old boss got me in the door for this one. It was hard to accept that, because I’m proud and already had an offer of employment on my own, but it was too good to pass up. It was a temp role that turned into permanent, so there was a risk it wouldn’t pan out, and taking a chance on that was one of the hardest things I’ve had to do. It ended up being worth it.
HRD. Comparable company size, two direct reports, +$20k annual salary (possible bonuses over that as well), substantially better benefits. It’s a name that looks great on my resume. It’s far more challenging than my last role, so it will give me valuable experience off paper.
Takeaways:
- I’m pleased with my callback rate, but I also believe it’s because I was willing to take less. Maybe I should have challenged that assumption more. From my 65 applications, I was invited to interview for 2 Director roles. The rest were manager, HRBP etc.
- The most important thing for people to understand about job searching right now is that IT TAKES FUCKING FOREVER. The average amount of time it took for the interview process to conclude, one way or another, was about five weeks. There were definitely bookends: recruiter contact to offer letter produced in seven business days; two months from application to hiring decision. But no matter how you slice it, things are taking a long damn time.
- It seems to have fallen out of vogue to inform candidates of the hiring process and timeline. Of all the interview processes I participated in, only a handful were clear at each step of the way what the next thing would be, and when I would be informed if I was selected. I coped with it fine because I was working temp for much of my search time, but if I had just been on unemployment, it would have been excruciating. This is the single most impactful thing employers could change and it would greatly benefit them too. People have to take what’s offered and if you snooze, you lose.
To sum up, the job search wasn’t as depressing or hopeless as I was expecting, but there’s a lot that’s broken about the current market.
Happy to entertain questions.